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Trading the middle TZ's

  • #281
  • Mar 15, 2015 7:49pm Mar 15, 2015 7:49pm
Hi Albertdkpllh are u still using this indicator right now also ,how can be set ur Entry for long & short with SL ,can u explain ?
  • #282
  • Mar 15, 2015 8:38pm Mar 15, 2015 8:38pm
Thanks Albertdkpllh for mentioning this great indi
if there is market there will be opportunities
  • #283
  • Mar 15, 2015 11:32pm Mar 15, 2015 11:32pm
Quoting Albertdkpllh
{quote} Am still working on that StOoOk. But its 100 in the 5min TF. That is what i will be using now.
No more of the 1hr w/h-8 strategy? Is there a set target pips with the h100 5min TF?
I love forex. One day it will love me back.
  • #284
  • Mar 16, 2015 1:23am Mar 16, 2015 1:23am
I tried 1min chart with h6 with

1- MACD
2- 200 SMA
3- 50 SMA
4- 10 SMA
5 - CCI

with all the above i used 5 min chart, with technical analysis

i am working on demo account as well as live account.

some of the trades are perfect, other so bad

but it works fine with me
if there is market there will be opportunities
  • #285
  • Mar 16, 2015 2:14am Mar 16, 2015 2:14am
Very good Morning friends
EU +5 on 5 min chart half target done i was not in front of laptop otherwise easy 10 pips
Attached Image (click to enlarge)
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  • #286
  • Mar 16, 2015 3:20am Mar 16, 2015 3:20am
Quoting jeetvirk
Very good Morning friends EU +5 on 5 min chart half target done i was not in front of laptop otherwise easy 10 pips {image}
you can get up to 50 pip with 5 min chart

good job
if there is market there will be opportunities
  • #287
  • Mar 16, 2015 3:57am Mar 16, 2015 3:57am
Good morning friends. Hope all is well with you. Just looking at this.

Now this weekend was very hectic for me. I tried to strike a good balance for R:R other ways of trading this indi came up which were very very profitable but managing my R:R was still an issue. I believe its the psycholgical part thats drawing me back. For the sake of this thread i will dwell on what we have already started here. lets see how it goes.
Attached Image (click to enlarge)
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My help is in the name of the Lord who made heaven and earth.
  • #288
  • Mar 16, 2015 4:18am Mar 16, 2015 4:18am
For this trade and others that i will take, I set a fixed stop of 30 pips. I stay and trail the trade so long as price remains above the kijen sen. I target at least 100 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 55 KB
My help is in the name of the Lord who made heaven and earth.
  • #289
  • Mar 16, 2015 4:49am Mar 16, 2015 4:49am
GJ +10 Now this trade is interesting from the SL point of view when i entered in this trade price came back as u can see my SL was below RN but that is just for emergency i was watching the price action if the GJ close below the 179.00 i will close this trade and take the loss but as u can see it didn't close below the 179.00 and pin bar also add my confidence that it will go up. Price action did the same.

Did anybody notice previous Zones act as Supply and Demand also.

Regards

Today total +15
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY-ProM15 16.3.15_1.png Size: 48 KB
  • #290
  • Mar 16, 2015 7:01am Mar 16, 2015 7:01am
Quoting jeetvirk
GJ +10 Now this trade is interesting from the SL point of view when i entered in this trade price came back as u can see my SL was below RN but that is just for emergency i was watching the price action if the GJ close below the 179.00 i will close this trade and take the loss but as u can see it didn't close below the 179.00 and pin bar also add my confidence that it will go up. Price action did the same. Did anybody notice previous Zones act as Supply and Demand also. Regards Today total +15 {image}
My help is in the name of the Lord who made heaven and earth.
  • #291
  • Mar 16, 2015 7:37am Mar 16, 2015 7:37am
Quoting Albertdkpllh
For this trade and others that i will take, I set a fixed stop of 30 pips. I stay and trail the trade so long as price remains above the kijen sen. I target at least 100 pips. {image}
You trade only when the price breakout from the MTZ or you trade reverse also?
  • #292
  • Mar 16, 2015 8:06am Mar 16, 2015 8:06am
Quoting Giannigr
{quote} You trade only when the price breakout from the MTZ or you trade reverse also?
I trade only when the potential MTZ forms.
My help is in the name of the Lord who made heaven and earth.
  • #293
  • Mar 16, 2015 10:15am Mar 16, 2015 10:15am
Quoting jeetvirk
Very good Morning friends EU +5 on 5 min chart half target done i was not in front of laptop otherwise easy 10 pips {image}
May you share your Tz setting so I can test as well?
I love forex. One day it will love me back.
  • #294
  • Mar 16, 2015 9:39pm Mar 16, 2015 9:39pm
I tried to do a trade and I got confused with this system. Hopefully you folks can explain.

There was a MTZ forming and I was thinking once a new candle shows up above it, I was ready to open a long but the zone completely disappeared.

There was another instance where the zone disappeared but only to show up again when the following candle bouncr d away from it (support).

So I just want to ask for a clarification of how exactly are we suppose to enter a trade, how to handle the two situations above and why did they appear/disappear?

Much thanks!
I love forex. One day it will love me back.
  • #295
  • Mar 17, 2015 3:12am Mar 17, 2015 3:12am
EJ +7

Entered little late other wise easy 20 pips
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  • #296
  • Mar 17, 2015 3:21am Mar 17, 2015 3:21am
What happened where are you friends.. time to make money.
  • #297
  • Mar 17, 2015 3:23am Mar 17, 2015 3:23am
Hi is this a correct entry?

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  • #298
  • Mar 17, 2015 3:26am Mar 17, 2015 3:26am
Quoting jeetvirk
What happened where are you friends.. time to make money.

You are right.

gbpusd to tp +20pips.

done for today, looking for bonus trades now.

Cheers.
Attached Image (click to enlarge)
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Time always comes before price
  • #299
  • Mar 17, 2015 3:26am Mar 17, 2015 3:26am
GJ +5 Done for today.
  • #300
  • Mar 17, 2015 3:37am Mar 17, 2015 3:37am
Quoting jeetvirk
GJ +5 Done for today.
Weldone.
Time always comes before price
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